Former Bank President was Afraid to Whistleblow on USA Bank's DeCaro

``Greenwich bankers, from once publicly traded USA Bank, are under criminal investigation for their role in lending abuse and possible securities violations. I detailed in an investigative report last week at Dealflow's The Distressed Debt Report how Fred DeCaro Jr. and his son were allegedly allowed to violate the business plan that earned them a FDIC approval for years before they were seized on July 9th, 2010. Now we learn the bank's founding president, Peter Keller of New Canaan, CT, backed out of whistle blowing with another board member, at the last minute because he was afraid of the DeCaro's retaliation.''